St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-01-25

NEW YORK. Jan. 24.-Money on call easy at
8 to per cent, closing at 4. Prime mercan-
tile paper 607 Sterling exchange active and
strong at S4.S3$4 for sixty-day bills and S4.S7A
for demand. Government bonds were dull
and firm. state bonds dull and steady. There
was more decided weakness shown in the
stock market to-day than ut any time since
the break of Dec. 49, The market in London
was dep; essed by the unfavorabe aspect of
the political situation II Europe and the re-
suit was a serious panic in the market for
securities here. This induced heavy selling
by foreign business houses here and very few
of the prominent stocks escaped
the pressure, although St. Paul is
believed 10 have been the heaviest
sufferer In the forenoon Jersey Central dis
played considerable strength, by reason of
the support gwen the stock by the pool, and
Hooking Valley made a material advance on
discovery of the securities supposed to have
been lost European troubles were all used
By the bears to depresS values late in the
day. The trading was accompanied by con-
siderable excitement, and the market was to
large degree feyerish and Irregular. The
opening was decidedly weak, the general
range of prices being from g TO 70
per cent. below Saturdays final figures,
while Louisville & Nashville was Off ~.
! There was an active and well distributed
business throughout the list. Prices made
further slight declines in the early dealings,
but the market rallied in the first hour, and
in some cases the opening prices were ex-
ceeded. The decline, however, resumed, and
by noon prices nere materially below those
of Saturday evening. Another dive was
made at values early in the after
noon, and by p. N. the decline
gathered force and was not checked until
the close, which was active and weak. High
est prices were generally recorded at the
opening and the lowest at the close. The
sales for the day were the largest at the close.
The sales for the day were largest for
some weeks, amounting to 1924 shares.
Hooking Valley stands along among the ac-
tive stocks, showing an advance, its gain
being "a per cent. Richmond g. West Point is
down 31s, Louisville 321, Lake Shore & Nofolk
and Western 234. While railroad bonds eX-
hibited no marked pressure to sell, they still
felt the effects Of the causes which produced
til depression in shares and quotations
yielded in sympathy. Sales, 81 ,19S, QUO; Texas
Pacific Rio trust receipts contributed $780,
900. Prices were weak throughout the day.
Denver As lost 20 at 1874, Ohio Southern In
comes 2s at 40, and Fort Worth & Denver
lists . at SSA. The total sales of stocks to-
day were 1924 shares, including:
Can. Southern. $50 Pacific Mail. 6,425
Del. Lack. q w .3S, $40 P, d. g. E....... 8, 525
Del. & Hudson. 3. $50 Reading. $40
Erie. 915 st. Paul ........51, 600
Kan. & Texas. SALE, st. Paul o.. .10,315
Lake Shore. 800. 25, 100 Texas Il Pacific, 500
Louisville s. N. 10 1876 Uuion Pacific. "a, l01
Manhattan Con-. 1000 Western Union. 49, 97
Missouri Pacific. 1875 North. Pac. pfd. $50
Northwestern :. G, 1853 Hooking Valley IL ,022
New Jersey Cent.24 .252 Oregon Trans. :. IL, 1875
New York Cen. 6,675
PITIR BERKEY Pres. +. w. ANDERSON, Cashier
CIV :GRlGGS, Wires. A. C. ANDERSON. Asst G
lie ST. PAUL NATIONAL bAN X
CAPITAL, 100000.
former Fifth and jackson streetS